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Best Business Practices

Financial Analysis for Your Small Business

March 22, 2022 by admin

Financial Analysis for Your Small Business

Comparing a business’s key financial ratios with industry standards and with its own past results can highlight trends and identify strengths and weaknesses in the business. Financial statement information is most useful if owners and managers can use it to improve their company’s profitability, cash flow, and value. Getting the most mileage from financial statement […]

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How Accounting Can Help Your Business Succeed

January 18, 2022 by admin

How Accounting Can Help Your Business Succeed

If you think your accountant’s skills are only helpful at tax time, think again. As a small business owner, accounting is vital to your business in various ways you may not realize. A trusted accountant can be one of your top allies in establishing and maintaining a successful business. Read on to learn our top […]

Filed Under: Best Business Practices

5 Common (and Costly) Payroll Errors and How to Avoid Making Them

December 16, 2021 by admin

5 Common (and Costly) Payroll Errors and How to Avoid Making Them

Payroll is one of the most important aspects of any business, but it’s one that, when running smoothly, business owners don’t tend to think about; however, when there’s a payroll glitch, it jumps to the forefront of an owner’s mind. Here are several payroll mistakes that can cost you a bundle and how to avoid […]

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The Top 3 Reasons to Outsource Your Accounting

September 15, 2021 by admin

The Top 3 Reasons to Outsource Your Accounting

While you may think it’s better to take care of your small business accounting tasks in-house, you may be surprised to know that your business can benefit from having a professional accountant or CPA handle the job for you. Here are the top three reasons to outsource your accounting. 1. Peace of Mind The number […]

Filed Under: Best Business Practices

Do You Have a Business Continuity Plan? You Should

June 17, 2021 by admin

Do You Have a Business Continuity Plan? You Should

What if disaster strikes your business? An estimated 25% of businesses don’t reopen after a major disaster strikes.1 Having a business continuity plan can help improve your odds of recovering. The Basic Plan The strategy behind a business continuity (or disaster recovery) plan is straightforward: Identify the various risks that could disrupt your business, look […]

Filed Under: Best Business Practices

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